HL Deb 30 July 1984 vol 455 c634WA
Lord Boyd-Carpenter

asked Her Majesty's Government:

What percentage of his earnings above £10,000, £15,000 and £20,000 a year will be retained after tax under the recent Finance Bill by a man whose earnings above these levels amount to £10,000 a year.

The Chancellor of the Duchy of Lancaster (Lord Cockfield)

Information is in the following table:

Percentage of the top slice of £10,000 of earnings retained after income tax '1'(1984–85)
Gross earnings Married men Single person
£20,000 68.6 67.4
£25,000 61.7 60.0
£30,000 53.8 52.7
'1' assuming no reliefs or allowances other than the appropriate personal allowances.